Feb 4th GSE requirements

[alebrewer]

Yes and I am confirming that I did filter......and still got meaningless results.

I posted this a bit earlier - it matches up well with the models I built in r. I did use the 'linear' option, though.

 

[Digger88]

Looks like there isn't a big enough data set for it to work well. Does it factor in GLA, condition, etc?

It's garbage tbh as it's a slave to realtor manipulation when they insert their listings. Sometimes they manipulate GLA so you have to manually rule them out when they include basement finish among others. The time adjustments these programs come up with are hilariously wrong. Maybe with model match condos it would be ok still the adjustments it renders even with perfect data is silly form my experience and I've done a fair amount already.

 

[Digger88]

using a fairly homogeneous data set of some ~ 45 observations, I get the below from TEEBA. Based on my experience in that market, its not too awful.

View attachment 97810

that actually looks relevant

 

[djd09]

Traditional appraisal
Appraiser collects the property data and completes the market analysis required for the appraisal. For complex property types or situations where data is sparse.

Valuation Modernization | Fannie Mae

singlefamily.fanniemae.com

experience is great when there is a lack of data...no more cookie cutters